money
UMB Bank Introduces Three New Visa Cards
Universal Merchant Bank (UMB Bank) has announced the introduction of three additional VISA cards to give its customers...
Bonds Sell-Off Continues As Investors Bet On Rate Rise
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a...
Indians Run Out of Patience As Banks & ATMs Run Out of Cash, Post-Demonetisation
India's sudden move of scrapping currency notes of higher denominations to curb the menace of black money seems to be a...
Bankers Split On Local Dollar Bond Issuance
The Chief Investment Strategist of Standard Chartered Bank Group, Steve Brice, has backed government’s recent...
Open Letter To SSNIT, NPRA and All Contributors Under Act 766 of 2008
Open letter to SSNIT, NPRA and all contributors under Act 766 of 2008 It has been six years since the implementation of...
Borrowers, Lenders Embrace New Collateralisation
A new trend is emerging in the financial market, where an increasing number of borrowers and lenders prefer to use...
Chaos At Banks Continues After ATMs Reopen
Long queues continue outside banks and several ATMs have run out of cash in India, three days after 500 ($7) and 1,000...
Banks Blame Economy For Drop In Demand For Home Loans
Banks, offering mortgage loans, have blamed the general slowdown in economic activities and a weak purchasing power...
UMB Outdoors New Visa Cards
Universal Merchant Bank (UMB Bank) on Thursday, introduced three additional VISA Cards to give its customers more...
Maiden 10-Year Bond Fetches Ghana GHS438m At 19% Interest
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued today...
Banks Crave More Loan Restructuring Deals
Government’s decision to restructure Volta River Authority’s (VRA) debts has been well received by banks in the...
Anxious Indians Swap Banned Banknotes
People have queued up outside banks across India to exchange 500 and 1,000 rupee notes after they were withdrawn as...
Demand For Mortgages Decreases
New figures released by the Bank of Ghana (BoG) reveal demand for loans for house purchase by customers of banks have...
Bad Loans On Books of Banks Worsens, Local Companies Highest Defaulters
The new financial stability report of the Bank of Ghana (BoG) has revealed that Ghanaian companies are still the...
Price of Gold Up As Trump Wins US Elections
Price of gold have gone up globally as Donald Trump is elected the President Of the United States of America. Investors...
India Scraps 500, 1,000 Rupee Currency Notes
Indian Prime Minister Narendra Modi Tuesday announced the existing currency notes of 500 and 1,000 Indian rupees will...
Terkper Believes ECG Can Settle Their US$60m Loan
The Ministry of Finance (MoF) has assured Parliament of the Electricity Company of Ghana’s (ECG) capacity to repay...
ECG Has Capacity To Repay US$60 Million Loan
The Ministry of Finance (MoF) has assured Parliament of the Electricity Company of Ghana’s (ECG) capacity to repay...
Assets Under Private Pension Funds Hit GH¢6.4 Billion
Total assets under the management of private pension funds have reached GH¢6.4billion as at September this year, Baba...